1/112 Macfarland Cres, Pearce ACT 2607
1/112 Macfarland Cres, Pearce ACT 2607
Ground-floor unit in boutique 12-residence complex | 2-bed, 1-bath, 1-carport | Leafy outlook with natural light | Strong rental demand evidenced by recent $530/week lease | EER data conflict between listings
This unit occupies a practical niche in Pearce’s housing market—smaller, lower-maintenance, and far more affordable than the suburb’s typical detached houses, which dominate the local character. Its ground-floor position with a private outdoor area and single-level access makes it particularly suited to downsizers seeking convenience without stairs, as well as first-home buyers wanting an entry point into an established Woden Valley suburb. The open-plan layout, updated bathroom with integrated laundry, and functional kitchen with good storage are all ordinary but solid features that align with what this buyer group expects. Location advantages—walking distance to Pearce Shops, proximity to Woden Town Centre and Canberra Hospital—reinforce its appeal as a low-fuss residence in a settled, leafy neighbourhood.
The most material factor affecting value may be the conflicting energy efficiency ratings across listings, with one showing EER 1 and another EER 4; this discrepancy could influence buyer perception and financing considerations. The property’s age, likely from the 1960s given surrounding stock, may mean older infrastructure that could require periodic upkeep, though the later listing suggests an updated interior. Body corporate fees around $1,258 per quarter and rates near $1,482 annually are modest for this property type, but they still factor into affordability calculations. The small footprint and apartment title offer limited land upside compared to houses, which may constrain long-term capital growth relative to detached homes in the same suburb.
|| Comparable Sales: 8/112 Macfarland Cres sold $385,000 (Jul 2024); 11/112 Macfarland Cres sold $375,000 (Jun 2025) | Property Price Band: $350K–$450K | Value Drivers: Ground-floor configuration, updated interior presentation, rental yield potential
Detailed Independent Property Report prepared by PropCred Analyst team for 1/112 Macfarland Cres, Pearce ACT 2607
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Pearce, in Canberra’s outer south, is a tightly held, family-oriented suburb with a median house price around $1.3 million. Demand is driven by professional couples with children (48% of households), a high-income cohort and a 67% family household share. Annual growth data diverges sharply: Property.com.au and YIP report compound gains of 10.2–10.6%, while view.com.au shows a –17.1% decline over the past year, reflecting a thin market of just 14–36 sales. Listings are minimal—only three rentals and two sales in the last month. The surrounding Tuggeranong auction market remains strong, and local catchment and childcare provision underpin family demand. Key constraints: affordability, a 48% mortgage-owner share, and sensitivity to interest rates given the elevated entry price.
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PropCred Estimated Value
Comparable Sales: 8/112 Macfarland Cres sold $385,000 (Jul 2024); 11/112 Macfarland Cres sold $375,000 (Jun 2025) | Property Price Band: $350K–$450K | Value Drivers: Ground-floor configuration, updated interior presentation, rental yield potential
Bedrooms
2
Bathroom
1
Parking
1
Land
1769m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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